COLIBRI REAL ESTATE EXAM 2026
COMPREHENSIVE EXAMINATION
RESOURCE WITH FULL QUESTIONS,
DETAILED ANALYSIS, AND GRADED A+
⫸ net lease. Answer: buyer pays rent and other expenses
⫸ gross lease. Answer: buyer pays only rent
⫸ goes to heirs. Answer: Tenants in common, 2 of 3 people die. Who
gets the property of those who died?
⫸ Tenant owns it in severality. Answer: Joint Tenancy, 3 of 4 people
die. Who gets property of those who died?
⫸ Client. Answer: Another word for principal
⫸ race, nat. origin, sex, color, religion, disability, familial status.
Answer: Protected by Fair Housing Act
⫸ marital status. Answer: Not protected by Fair Housing Act
, ⫸ Blockbusting. Answer: telling homeowners that property values
will be declining because of ethical/racial makeup is changing
⫸ flat, paved parking lot. Answer: real estate put to its highest use
⫸ puffing. Answer: "This is the most prestigious street in town"
⫸ $5,000. Answer: maximum fine for first offense
⫸ name and broker. Answer: an individual advertisement needs...
⫸ statement that they are licensed. Answer: a brokerage
advertisement needs...
⫸ 48 hours. Answer: if listing is submitted to MLS, must notify
customer within...
⫸ at their next meeting. Answer: Licensee must deliver Consumer
Info Statement when...
⫸ blanket mortgage. Answer: a mortgage that covers 2 parcels of
land
⫸ tenancy at sufference. Answer: lease expires, tenants won't leave
COMPREHENSIVE EXAMINATION
RESOURCE WITH FULL QUESTIONS,
DETAILED ANALYSIS, AND GRADED A+
⫸ net lease. Answer: buyer pays rent and other expenses
⫸ gross lease. Answer: buyer pays only rent
⫸ goes to heirs. Answer: Tenants in common, 2 of 3 people die. Who
gets the property of those who died?
⫸ Tenant owns it in severality. Answer: Joint Tenancy, 3 of 4 people
die. Who gets property of those who died?
⫸ Client. Answer: Another word for principal
⫸ race, nat. origin, sex, color, religion, disability, familial status.
Answer: Protected by Fair Housing Act
⫸ marital status. Answer: Not protected by Fair Housing Act
, ⫸ Blockbusting. Answer: telling homeowners that property values
will be declining because of ethical/racial makeup is changing
⫸ flat, paved parking lot. Answer: real estate put to its highest use
⫸ puffing. Answer: "This is the most prestigious street in town"
⫸ $5,000. Answer: maximum fine for first offense
⫸ name and broker. Answer: an individual advertisement needs...
⫸ statement that they are licensed. Answer: a brokerage
advertisement needs...
⫸ 48 hours. Answer: if listing is submitted to MLS, must notify
customer within...
⫸ at their next meeting. Answer: Licensee must deliver Consumer
Info Statement when...
⫸ blanket mortgage. Answer: a mortgage that covers 2 parcels of
land
⫸ tenancy at sufference. Answer: lease expires, tenants won't leave
